Ray Dirks Research has been preparing research since 1963, and the firm’s founder uncovered one of the biggest financial frauds of the 1970s. With that kind of track record, the firm’s recent recommendation of Nyxio is worth paying attention to.

Nyxio should see “Significant Capital Appreciation over the Short Term (One Year), the Intermediate Term (Two Years). Specifically, Ray Dirks Research thinks that the shares of Nyxio Technologies will appreciate by about 4 times within a year to about $3.00 per share, will go up to about $7.00 per share within 2 years,” according to the Dirks report.
 
Nyxio’s management team is cited as the key factor that will drive the stock price higher. Since the company’s founding in 2007, management has demonstrated the ability to constantly innovate and keep ahead of the rapidly changing technology curve.

Dirks describes the company, saying, “Nyxio is dedicated to bringing revolutionary designs to the marketplace – including tablet PCs, All-in-One PCs, Smart TVs, and ground-breaking concepts like the Venture “Mobile Media Viewer” (“VMMV”). NYXO’s development process identifies technical deficiencies within the consumer electronics market and aims to develop product offerings that provide creative solutions.
 
Nyxio’s flagship product, the VioSphere Smart TV, is the only integrated flat screen TV and full PC available on the market today. Smart TV is a cross-functional device that incorporates television and the Web, offering TV applications and other interactive Internet services, such as online shopping, games, and Internet phone calls. Nyxio released the product three years before the consensus determined that the Connected TV and Smart TV would ride the next consumer technology wave. “

Over the long-term, Dirks sets a price target of $12 a share by September 2014. They expect to hear a number of announcements from Nyxio about orders in the next few months and estimate that the VioSphere Smart TV could see orders totaling more than $200 million over that time.

Nyxio has recently been trading near $0.65 a share, significantly less than the targets established in the report. It may be a very undervalued stock if the sales forecasts made the research firm are met.